| Celebrated Name: | Bruce Sherman |
| Real Name/Full Name: | Bruce Stephen Sherman |
| Gender: | Male |
| Age: | 73 years old |
| Birth Date: | 4 November 1948 |
| Birth Place: | Queens, New York |
| Nationality: | American |
| Height: | 1.92 m |
| Weight: | 95 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Cynthia Kahn (m. 1999) Marlene Bluestein (divorced) |
| Children/Kids (Son and Daughter): | Yes (Lori Shaer, Randi Stanley) |
| Dating/Girlfriend (Name): | N/A |
| Is Bruce Sherman Gay?: | No |
| Profession: | Businessman |
| Salary: | N/A |
| Net Worth in 2024: | $550 million |
| Last Updated: | December 2024 |
Bruce Sherman is a renowned Businessman from America, who, along with some other businessmen, founded the wealth-management firm Private Capital Management. He has expanded his reach to become the chairman and owns a considerable part of the Miami Marlins of Major League Baseball.
Maybe you know about Bruce Sherman very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Bruce Sherman’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Sherman was born and raised in a middle-class family in Queens, New York. From his childhood, he lived in a middle-class neighborhood. The name of his father is Michael Sherman, and his mother is Sylvia Sherman. His mother was a school teacher who used to work in New York Public School. He has two siblings, his brothers, Peter and Joel.
Sherman completed his graduation from the University of Rhode Island, and earned a B.A degree, and later received his M.B.A. from Baruch College situated in the same city. Shortly after he completed his graduation, he started working in an accounting firm known as Arthur Young. He was recruited by an executive search firm to be a chief financial officer for a company owned by the Collier family at the age of 29.
Personal Life
Sherman grew up with his two siblings, his brothers, Peter and Joel. Bruce had his first marriage with Marlene Bluestein. The couple had two daughters together, Lori Shaer and Randi Stanley. They got divorced. Bruce married again in the year 1999 with Cynthia Kahn in Manhattan.
Age, Height, and Weight
Being born on 4 November 1948, Bruce Sherman is 73 years old as of today’s date 16th December 2024. His height is 1.92 m tall, and his weight is 95 kg.
Career
Bruce Sherman is a businessman with a high caliber, which he has shown during his career. He helped in forming the wealth-management firm Private Capital Management (PCM) in 1985. The firm got its initial client as the Collier Family. Under Sherman, PCM grew to new heights by expanding its customer base to colleges, universities, and government agencies.
Under the management, the firm grew it was assets to $4.4 billion in 1999. He sold PCM to Legg Mason for $1.4 billion in 2001. With Buffett, he made deals of two more companies as he remained at the firm’s helm. Subsequently, Sherman started excelling and growing as he made some significant investments, which included include stakes in International GameTechnology, Qualcomm Inc, Apple Computer, Banknorth, and Charter One Financial.
With his incredible vision, he saw his firm grow to acquire $31 billion in assets by 2005. Sherman retired in 2009 after an investment career spanning over 23 years. After his incredible Career in Marketing Industry, Sherman, along with basketball greats Michael Jordan and Derek Jetter, went on to make a $1.2 billion bid to purchase the Miami Marlins from Jeffrey Loria in August 2017. This incredible feat led Sherman to become the team’s current chairman and owner.
Awards & Achievements
Even after retiring in 2009, Sherman, along with basketball greats Michael Jordan and Derek Jetter, went on to make a $1.2 billion bid to purchase the Miami Marlins from Jeffrey Loria in August 2017. This incredible feat led Sherman to become the team’s current chairman and owner. Not only in the field of investments, but Sherman has also achieved much fame due to his charitable works along with his wife. He, along with his wife, support the charity work happening in his hometown of Naples.
His growing support in the Naples Winter Wine Festival has helped children in Naples and provided them with the educational fund. The couple not only provided charity but also offered the New York University with Professorship of Urology Research, which was titled by their names. Bruce and his wife also introduced the Sherman prize in 2016, which is rewarded to the people who have made efforts in the field of inflammatory bowel diseases, including ulcerative colitis and Crohn’s disease.
He made this effort to make people aware because both his daughters were affected by this disease.
Net Worth & Salary of Bruce Sherman in 2024
As of December 2024, Bruce Sherman is a great businessman who has an estimated net worth of around $550 million. His primary source of income was from his firm Private Capital Management and also held a majority ownership stake in the Miami Marlins baseball team.
Bruce Sherman is a successful American Businessman who has spent around 23 years in this field. Sherman rose to popularity after he, along with Derek Jeter, purchased the Miami Marlins for a whopping sum of $1.2 million in the year 2017. His career is majorly successful, after collaborating with billionaires such as Warren Buffet.